1408 Marcela Drive

Weslaco, TX 78599

$510,000
Price
Beds
4,080 Sq. Ft.
$125 / Sq. Ft.
4,080
Sq. Ft.
$125
per Sq. Ft.

Description

Introducing an exceptional investment opportunity at 1408 Marcela Drive, Weslaco, Texas, 78599. This impressive 4Plex boasts two well-appointed 2-bedroom, 2-bathroom units and two spacious 3-bedroom, 2-bathroom units, each offering attractive rental income potential.Introducing an exceptional investment opportunity at 1408 Marcela Drive, Weslaco, Texas, 78599. This impressive 4Plex boasts two well-appointed 2-bedroom, 2-bathroom units and two spacious 3-bedroom, 2-bathroom units, each offering attractive rental income potential.
  1. Listed by Esteban S. Sanchez • TREC #801068015 • Alliance Real Estate Group

Property Details for 1408 Marcela Drive

Community Features
Curbs, Gated, Sidewalks, Street Lights
Subdivision Name
Verona
LISTING UPDATED: 11/09/2024 02:15 PM

Property Details for 1408 Marcela Drive

StatusActive
MLS #450518
Days on Market54
Taxes$3,042 / year
HOA Fees$500 / year
Condo/Co-op Fees$1,256 / year
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2024
Lot Size0.26 AC / 11,251 SF
CountyHidalgo County

Building Information for 1408 Marcela Drive

Stories1Residences4Year Built2024Building Size-Lot Size0.26 AC / 11,251 SF

Property Information for 1408 Marcela Drive

Summary
Location and General Information
  • Directions: From Expressway 83, take the FM 1015 (international Blvd) exit and turn left. Head North past Pike Blvd, subdivision will be on the West side of FM 1015 across from O'Reilly Auto Parts.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 8.0
School Information
  • Elementary School: Rico
  • Elementary School District: Weslaco ISD
  • High School: Weslaco East H.S.
  • High School District: Weslaco ISD
  • Middle Or Junior School: Mary Hoge
  • Middle Or Junior School District: Weslaco ISD
Taxes and HOA
  • Association Fee: $500
  • Association FeeFrequency: Annually
  • Association Name: Verona Owners Association Inc
  • Association: Yes
  • Parcel Number: V315000000000400
  • Tax Annual Amount: $3,042
  • Tax Legal Description: VERONA LOT 4
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Blue Prints
  • Building Area Total: 4080.0
  • Building Area Units: Square Feet
  • Living Area: 4080.0
  • Living Area Source: Blue Prints
  • Living Area Units: Square Feet
  • Lot Features: Sidewalks
  • Lot Size Acres: 0.2583
  • Lot Size Area: 11251.9836
  • Lot Size Square Feet: 11251.9836
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2024
  • Year Built Source: Seller
  • Escrow: $1.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Privacy, Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Frame/Wood, Stucco, Vinyl Siding
  • Other Structures: Outbuilding (None)
  • Association Amenities: Property Owners' Assoc.
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Water Heater (In Attic), Microwave, Refrigerator, Stove/Range-Electric Smooth
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Porcelain Tile, Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Dryer, Microwave, Washer
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $57,600.00
  • Insurance Expense: $2,000.00
  • Maintenance Expense: $1,256.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $2,960.00

Property History for 1408 Marcela Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1408 Marcela Drive

This home is within Weslaco Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 11
Rating
School
Distance
A N Rico Elementary School
PublicPK to 5

Mary Hoge Middle School
Public6 to 8

Weslaco East High School
Public9 to 12

Hidalgo County Boot Camp
Public9 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1408 Marcela Drive is a multi-family home for sale in Weslaco, TX 78599. This property was listed for sale on October 1, 2024 by Alliance Real Estate Group, it's currently listed at $510,000. This listing's school district is Weslaco Independent School District. Nearby schools include A N Rico Elementary School, Mary Hoge Middle School and Weslaco East High School. 1408 Marcela Drive is a 0-bed, 0-bath, 4,080 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alliance Real Estate Group

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.